avoid German probate

Renounce Inheritance against Compensation Payment In this post, we reveal a simple trick how to be released from the duties and obligations of being a German co-heir while still obtaining a portion of the German estate. The buzzwords are "Verpflichtung zur Ausschlagung gegen Abfindung", i.e. contract to renounce a German inheritance against compensatory payment (make-up pay). Background: The Basics of German Probate and Estate Administration In previous posts, we have explained German succession rules, the…